The recreation clubs market size has grown strongly in recent years. It will grow from $51.74 billion in 2023 to $55.8 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth witnessed in the historical period can be ascribed to an expansion in leisure time, an increase in disposable income, population growth, urbanization, and the prevalence of social networking.
The recreation clubs market size is expected to see strong growth in the next few years. It will grow to $72.97 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The anticipated growth in the forecast period can be credited to the provision of personalized experiences, sustainability initiatives, prioritization of work-life balance, community engagement, and inclusive programming. Key trends expected in the forecast period encompass technology integration, virtual recreation experiences, hybrid membership models, wellness retreats and programs, and the integration of fitness technology.
The anticipated growth in the recreational club market is expected to be driven by the increasing involvement of customers in recreational activities. Recreational activities, denoting leisure pursuits typically conducted outdoors, have been shown to positively impact mental health, emotional well-being, and physical fitness, offering various social health benefits. For example, in January 2022, the Outdoor Industry Association reported that 54% of Americans aged six and older, totaling 164.2 million individuals, engaged in outdoor recreation at least once in 2021. The participation base witnessed a net increase of 3.5 million, and a record 6.8 million Americans took part in outdoor activities for the first time in 2021. Consequently, the growing customer participation in recreational activities is a catalyst for the expansion of the recreational club market.
The expanding population of athletes is poised to contribute to the growth of the recreation clubs market. The athlete population, representing individuals actively involved in sports and athletic pursuits across diverse disciplines, is on the rise. Recreation clubs cater to this growing demographic, providing opportunities for participation in sports and fitness activities for leisure, health, and enjoyment. A case in point is the National Collegiate Athletic Association's report in May 2022, indicating that the number of student-athletes participating in NCAA championship sports reached an all-time high of over 520,000 in the 2021–2022 academic year. Hence, the increasing athlete population is a significant driver of the recreation clubs market.
Product innovation has emerged as a notable trend gaining traction in the recreation club market, with major companies focusing on developing inventive products to fortify their market positions. A case in point is Kemper Sports, a US-based golf course and hospitality management company, which introduced Kemper Sports Venues in September 2022. This new business entity aims to support and serve its expanding network of facilities dedicated to youth and recreational sports. Kemper Sports Venues is set to provide exceptional sporting experiences, introduce new programming and events, and enhance services at its managed venues nationwide for athletes, parents, coaches, and guests.
Major players in the recreation clubs market are strategically introducing next-generation clubs to gain a competitive advantage. These next-generation clubs are meticulously designed to offer a diverse range of recreational and wellness facilities, including youth recreation centers and sales and services related to playground equipment. The concept is often centered around promoting comprehensive well-being and fitness. An illustrative example is the launch of 'Inter Kashi' by RDB Group, an Indian manufacturer of jumbo bags, in June 2023. Positioned as the inaugural professional club dedicated to fostering football talent and elevating the football league system, Inter Kashi operates in collaboration with three European clubs including Atletico Madrid (Spain), Inter Escaldes, and FC Andorra (Andorra). This initiative marks the first national-level football club participating in an Indian national-level league and is part of the broader venture named Avimukta Sports.
In July 2023, Meriwether Companies LLC, a real estate investment firm based in the United States, completed the acquisition of Morgan Run Club and Resort. This strategic move allows Meriwether to extend its footprint into innovative outdoor recreation, health, and wellness offerings. Morgan Run Club and Resort, situated in the U.S., is recognized for its comprehensive amenities, including landscaping, fine dining, golf, tennis, fitness facilities, as well as a pool and spa.
Major companies operating in the recreation clubs market report are 39 Monte Carlo, The Lenches Sports and Recreation Club, Disneyland, The Arts Club, Soho House, The Hurlingham Club, Carolina Country Club, The Battery, The Tanglin Club, New York Yacht Club, Northwood Club, CORE, Club, 5 Hertford Street, Monte-Carlo SBM, The Carnegie Club at Skibo Castle, Universal Studios Hollywood, Silencio, Yellowstone Club, Palazzo Tornabuoni, The AllBright, Urban Air Adventure Park, Yacht Club de Monaco, The Club at The Ivy, Braidwood Recreation Club, Troydale Recreational Club Ltd.
North America was the largest region in the recreation club market in 2023. The regions covered in the recreation clubs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the recreation clubs market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
Recreation clubs are broadly categorized into recreational sports clubs and non-sports recreational clubs. Recreational sports clubs are dedicated to specialized activities that emphasize either the sport itself or the character associated with the club or activity. Individuals from various age groups, including baby boomers, generation X, millennials, and Generation Z, frequent recreation clubs either individually or in groups.
The recreation clubs research report is one of a series of new reports that provides recreation clubs market statistics, including the recreation club industry's global market size, regional shares, competitors with recreation clubs market share, detailed recreation clubs market segments, market trends and opportunities, and any further data you may need to thrive in the recreation club industry. This recreation club’s market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The recreation clubs market includes revenues earned by entities through fundraising activities, events, and program sponsorships. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The recreation clubs market size is expected to see strong growth in the next few years. It will grow to $72.97 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The anticipated growth in the forecast period can be credited to the provision of personalized experiences, sustainability initiatives, prioritization of work-life balance, community engagement, and inclusive programming. Key trends expected in the forecast period encompass technology integration, virtual recreation experiences, hybrid membership models, wellness retreats and programs, and the integration of fitness technology.
The anticipated growth in the recreational club market is expected to be driven by the increasing involvement of customers in recreational activities. Recreational activities, denoting leisure pursuits typically conducted outdoors, have been shown to positively impact mental health, emotional well-being, and physical fitness, offering various social health benefits. For example, in January 2022, the Outdoor Industry Association reported that 54% of Americans aged six and older, totaling 164.2 million individuals, engaged in outdoor recreation at least once in 2021. The participation base witnessed a net increase of 3.5 million, and a record 6.8 million Americans took part in outdoor activities for the first time in 2021. Consequently, the growing customer participation in recreational activities is a catalyst for the expansion of the recreational club market.
The expanding population of athletes is poised to contribute to the growth of the recreation clubs market. The athlete population, representing individuals actively involved in sports and athletic pursuits across diverse disciplines, is on the rise. Recreation clubs cater to this growing demographic, providing opportunities for participation in sports and fitness activities for leisure, health, and enjoyment. A case in point is the National Collegiate Athletic Association's report in May 2022, indicating that the number of student-athletes participating in NCAA championship sports reached an all-time high of over 520,000 in the 2021–2022 academic year. Hence, the increasing athlete population is a significant driver of the recreation clubs market.
Product innovation has emerged as a notable trend gaining traction in the recreation club market, with major companies focusing on developing inventive products to fortify their market positions. A case in point is Kemper Sports, a US-based golf course and hospitality management company, which introduced Kemper Sports Venues in September 2022. This new business entity aims to support and serve its expanding network of facilities dedicated to youth and recreational sports. Kemper Sports Venues is set to provide exceptional sporting experiences, introduce new programming and events, and enhance services at its managed venues nationwide for athletes, parents, coaches, and guests.
Major players in the recreation clubs market are strategically introducing next-generation clubs to gain a competitive advantage. These next-generation clubs are meticulously designed to offer a diverse range of recreational and wellness facilities, including youth recreation centers and sales and services related to playground equipment. The concept is often centered around promoting comprehensive well-being and fitness. An illustrative example is the launch of 'Inter Kashi' by RDB Group, an Indian manufacturer of jumbo bags, in June 2023. Positioned as the inaugural professional club dedicated to fostering football talent and elevating the football league system, Inter Kashi operates in collaboration with three European clubs including Atletico Madrid (Spain), Inter Escaldes, and FC Andorra (Andorra). This initiative marks the first national-level football club participating in an Indian national-level league and is part of the broader venture named Avimukta Sports.
In July 2023, Meriwether Companies LLC, a real estate investment firm based in the United States, completed the acquisition of Morgan Run Club and Resort. This strategic move allows Meriwether to extend its footprint into innovative outdoor recreation, health, and wellness offerings. Morgan Run Club and Resort, situated in the U.S., is recognized for its comprehensive amenities, including landscaping, fine dining, golf, tennis, fitness facilities, as well as a pool and spa.
Major companies operating in the recreation clubs market report are 39 Monte Carlo, The Lenches Sports and Recreation Club, Disneyland, The Arts Club, Soho House, The Hurlingham Club, Carolina Country Club, The Battery, The Tanglin Club, New York Yacht Club, Northwood Club, CORE, Club, 5 Hertford Street, Monte-Carlo SBM, The Carnegie Club at Skibo Castle, Universal Studios Hollywood, Silencio, Yellowstone Club, Palazzo Tornabuoni, The AllBright, Urban Air Adventure Park, Yacht Club de Monaco, The Club at The Ivy, Braidwood Recreation Club, Troydale Recreational Club Ltd.
North America was the largest region in the recreation club market in 2023. The regions covered in the recreation clubs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the recreation clubs market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
Recreation clubs are broadly categorized into recreational sports clubs and non-sports recreational clubs. Recreational sports clubs are dedicated to specialized activities that emphasize either the sport itself or the character associated with the club or activity. Individuals from various age groups, including baby boomers, generation X, millennials, and Generation Z, frequent recreation clubs either individually or in groups.
The recreation clubs research report is one of a series of new reports that provides recreation clubs market statistics, including the recreation club industry's global market size, regional shares, competitors with recreation clubs market share, detailed recreation clubs market segments, market trends and opportunities, and any further data you may need to thrive in the recreation club industry. This recreation club’s market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The recreation clubs market includes revenues earned by entities through fundraising activities, events, and program sponsorships. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Recreation Clubs Market Characteristics3. Recreation Clubs Market Trends and Strategies32. Global Recreation Clubs Market Competitive Benchmarking33. Global Recreation Clubs Market Competitive Dashboard34. Key Mergers and Acquisitions in the Recreation Clubs Market
4. Recreation Clubs Market - Macro Economic Scenario
5. Global Recreation Clubs Market Size and Growth
6. Recreation Clubs Market Segmentation
7. Recreation Clubs Market Regional and Country Analysis
8. Asia-Pacific Recreation Clubs Market
9. China Recreation Clubs Market
10. India Recreation Clubs Market
11. Japan Recreation Clubs Market
12. Australia Recreation Clubs Market
13. Indonesia Recreation Clubs Market
14. South Korea Recreation Clubs Market
15. Western Europe Recreation Clubs Market
16. UK Recreation Clubs Market
17. Germany Recreation Clubs Market
18. France Recreation Clubs Market
19. Italy Recreation Clubs Market
20. Spain Recreation Clubs Market
21. Eastern Europe Recreation Clubs Market
22. Russia Recreation Clubs Market
23. North America Recreation Clubs Market
24. USA Recreation Clubs Market
25. Canada Recreation Clubs Market
26. South America Recreation Clubs Market
27. Brazil Recreation Clubs Market
28. Middle East Recreation Clubs Market
29. Africa Recreation Clubs Market
30. Recreation Clubs Market Competitive Landscape and Company Profiles
31. Recreation Clubs Market Other Major and Innovative Companies
35. Recreation Clubs Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Recreation Clubs Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on recreation clubs market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
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- Measure the impact of high global inflation on market growth.
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- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for recreation clubs? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:1) By Category: Recreational Sports Clubs; Non-Sports Recreational Clubs
2) By Age Group: Baby Boomers; Generation X; Millennials; Generation Z
3) By Travelers Type: Solo; Group
Key Companies Mentioned: 39 Monte Carlo; The Lenches Sports and Recreation Club; Disneyland; The Arts Club; Soho House
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- 39 Monte Carlo
- The Lenches Sports and Recreation Club
- Disneyland
- The Arts Club
- Soho House
- The Hurlingham Club
- Carolina Country Club
- The Battery
- The Tanglin Club
- New York Yacht Club
- Northwood Club
- CORE: Club
- 5 Hertford Street
- Monte-Carlo SBM
- The Carnegie Club at Skibo Castle
- Universal Studios Hollywood
- Silencio
- Yellowstone Club
- Palazzo Tornabuoni
- The AllBright
- Urban Air Adventure Park
- Yacht Club de Monaco
- The Club at The Ivy
- Braidwood Recreation Club
- Troydale Recreational Club Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | February 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 55.8 Billion |
Forecasted Market Value ( USD | $ 72.97 Billion |
Compound Annual Growth Rate | 6.9% |
Regions Covered | Global |
No. of Companies Mentioned | 25 |